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Fund managers hit 40 after CMA clears two more

CEO Geoffrey Odundo triples his stake in NSE company

CEO Geoffrey Odundo triples his stake in NSE company
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Kingdom Securities unveils trading app for retail clients

Revealed: Sh21bn CBK bailout for Jamii Bora Bank

Revealed: Sh21bn CBK bailout for Jamii Bora Bank Summary Co-operative Bank of Kenya now the parent company of Kingdom Bank (formerly Jamii Bora) revealed the CBK loan facility that saved the small lender from an imminent collapse. The CBK in April 2016 announced the roll-out of a special facility to commercial and microfinance banks facing liquidity challenges not triggered by acts of mismanagement. The CBK never disclosed the terms of this window. It is also not clear if the lending to Kingdom Bank fell under this category. Thursday June 03 2021 By PATRICK ALUSHULA Summary Co-operative Bank of Kenya now the parent company of Kingdom Bank (formerly Jamii Bora) revealed the CBK loan facility that saved the small lender from an imminent collapse.

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